5 Couches You Can Get for Under $500 from Wayfair's Black Friday in July Sale

Wayfair's summer sale launched this weekend, with up to 70 percent off site-wide. There's a ton you can snag, but if you're looking for a purchase with a big impact at a big discount, everything from rugs to outdoor furniture is marked down. But if you're looking for a big-ticket item to snag at a big discount, look no further than these five couches that are on sale for under $500 – and all have an average rating above 5 stars.

An unexpected convertible sofa, this velvet sofa even has a "reclining" setting. The large, luxurious back and cushions are also good for guests. It also has over 2,000 five-star ratings with satisfied customers raving about how much more expensive it looks than it really is.

A bit less MCM than some others on the list, this can go great with a minimalist, Scandinavian design or a more farmhouse aesthetic. It also will survive redecorating whims in the future if you decide to switch things up in a few years' time.

If you're not afraid to full lean into the MCM trend however, this is a great one to go with. The single, tufted pillow and bolsters give you all the vintage feels without worrying about if the old owner had cats. At over 40 percent off, it's a great bargain as well.

At under $300, this gets high marks for being both a great deal on a sofa and a convertible sofa. It's a full-sized one, too, at over 80 inches long. As with many inexpensive structured couches, it's stiffer and not necessarily for long movie marathons, but is a great buy for first apartments, guest rooms, or anywhere you want to look fashionable without spending too much.